75238
Dallas, Texas
Dallas 75238 needs watching.
The 75238 ZIP code in Dallas, Texas has a median sale price of $645K, down -1.5% year-over-year. Homes spend an average of 53 days on market, with 15% of homes selling above list price.
Folio's PropIQ™ score of 55 signals Caution conditions. Elevated price drops and longer days on market indicate softening in 75238.
ZIP code 75238 recorded a median sale price of $645,000 as of February 2026, marking a -1.5% decline year-over-year in a softening pricing environment. Homes are averaging 52.5 days on market, indicating moderate demand friction compared to the rapid turnover seen in tighter markets. Only 15% of properties are closing above list price, signaling that sellers hold limited pricing power and buyers are negotiating from a strengthened position in this North Dallas submarket.
This environment favors patient buyers with financing secured who can capitalize on the -1.5% price correction and negotiate on properties sitting beyond 50 days on market. The 15% above-list close rate suggests that lowball offers have reasonable acceptance probability, particularly on listings approaching 60+ days. Sellers with equity cushions and flexible timelines can still transact at $645,000 median levels, but those requiring quick exits face meaningful concessions given the 52.5-day absorption rate.
The PropIQ score of 55/100 signals caution, suggesting further price pressure or demand weakening may materialize in upcoming quarters. With only 15% of transactions exceeding list price and days-on-market elevated, momentum indicators point to continued buyer advantage rather than imminent recovery. Monitoring whether days-on-market extends beyond 60 and if the year-over-year decline steepens past -2% will indicate whether 75238 stabilizes or enters deeper correction territory through mid-2026.
What is the median home price in 75238 Dallas?
The median sale price in 75238 is $645K, down -1.5% year-over-year as of 2026-02-28.
How long do homes stay on the market in Dallas 75238?
Homes in 75238 Dallas spend an average of 53 days on market before going under contract.
Is Dallas 75238 a good place to invest in real estate?
Folio's PropIQ™ score for 75238 is 55/100 — a Caution signal. 15% of homes sold above asking.
What does a PropIQ™ score of 55 mean for 75238?
PropIQ™ is Folio's proprietary market score combining price momentum, days-on-market velocity, inventory absorption, and investment signals into a 0–100 number. Score of 55 = Caution in 75238 Dallas, Texas.